By ESPNSTAR.com staff
The Rossoneri initially struggled at life without star striker Zlatan Ibrahimovic although Stephan El Shaarawy has helped fill the void in recent months by scoring 14 goals in the league.
But the Italian media have continued to speculate that Milan are in the market for another proven striker and a whole host of names having been mentioned with the onset of the January transfer window.
Berlusconi was speaking to Radio Kiss Kiss and was adamant that Milan, who are still in a transitional phase, would not go for seasoned campaigners in a bid to chart a way back to the summit of Italian football.
Dismissing the series of names being offered to him, he insisted that it would take some while yet before he sees his side recapture the glory days of the previous decade when they achieved domestic and continental success.
"We need 2-3 years to have a team that will be competitive and a contender in Italy and the world, but we have to start from a very young team. Through our scouts we're following approximately 100 young athletes all over the world," he revealed of the club's new recruitment policy.
"Drogba falls outside of this policy we've set for ourselves. Balotelli, however, doesn't convince me as a person, as I've said many times.
"The salaries [for older players] are astronomical and it seems like playing Monopoly, and that money has no worth in football, although that's not the case in other sectors. Then there is the rule in Europe of not spending more than you earn.
"After twenty-six years of paradise, of lunches with caviar and champagne, we decided to take a break for three years to build a young team to go forward for ten years, strengthening it every year with a champion as we did in the past."
Milan are currently in seventh place, seven points adrift of fifth-placed Napoli in the Serie A table. Napoli were widely considered as likely title challengers until a poor sequence of results towards the end of last year increased the gap between them and Juventus to ten points.
Despite the loss of form, Berlusconi stated that he would still be happy to see Napoli achieve success although he also ruled out a move for star striker Edinson Cavani.
"I'm a Neapolitan born in the North, so I'd be more than happy if Napoli were to win the Scudetto.
"A crazy fee for Cavani? I'm now at an age that doesn't allow me to do crazy things in any area.
"Cavani is doing well at Napoli and it's right that the Neapolitans adore him.
"De Laurentiis's Napoli will be able to play an important and decisive role in Italy and Europe with Cavani."